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They donated its leases for oil and gas rights to the National Trust for Historic Preservation, which has pledged to let the leases expire, and the Bureau of Land Management said it had no plans to permit further leases there and would consider formal withdrawal of the 4,268-acre (17km) site from mineral leasing in its 2004 management plan. The relationship with Oxford-AnsCo soured when Anschutz gained the vast real estate holdings of the Denver & Rio Grande Railroad in 1984 and wanted to begin to develop real estate on his own rather than through the Oxford partnership. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. In later years, Anschutz contributed to Dole's political campaigns. N-1. 2022The Regents of the University of Colorado, a body corporate. Prior to moving Although SP was still in weak financial condition, Moyers had managed to make a number of improvements, and in February 1995 he once again retired. The Anschutz Corporation and its affiliates, including Anschutz Company and Anschutz Investment Company, are the investment vehicles for the diversified interests of Philip F. Anschutz. [55] A member of the Evangelical Presbyterian Church, he is a conservative Christian. They have also donated to the University of Kansas, their alma mater. Through his ownership of Walden Media, he has invested in films such as The Chronicles of Narnia, Ray, and Joshua. Now's your chance to pick it up for nearly half off. Board. He started testing his business acumen early: a six-year-old Anschutz sold Kool-Aid on a nearby college campus using a wheeled stand he built. Doreen specializes in the marketing and licensing of innovative, high-impact technologies in order to transition them from the lab bench to the commercial market. Texas. In April 2002, the Anschutz Exploration Corporation gave up its plans to drill for oil in the area. " * " indicates required fields. The company has diversified investments worldwide in hospitality, technology, traditional and renewable energy,. Get contact details including emails and phone numbers Anschutz continued to hold his five percent stake in Union Pacific into the 21st century. Although the initial offering price was estimated at $20 per share, the actual price of the shares as issued was $13.50. Reflects change since 5 pm ET of prior trading day. Over the next few years, Qwest grew rapidly through acquisitions. Finally, we can read about how these great companies came about with Company Histories.. Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. Anschutz had to overcome a major hurdle to achieve his objective of solidifying his railroad holdings. Instead, he expanded his holdings of what became known as the Overthrust Belt, acquiring leases on ten million acres. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. has 43 executives and 1 subsidiary. Start free trial. [18] In 2011, it was announced that Anschutz had purchased the Oklahoma Publishing Company, and as part of their assets The Broadmoor and the Manitou and Pike's Peak Railway in Colorado Springs and Manitou Springs respectively.[19]. In the initial years after the purchase, Rio Grande Industries struggled to overcome its huge debt load, which had led to $100 million-plus interest payments each year, as well as the decline in SP's traditional accounts in auto parts, lumber, and food; increased competition from Union Pacific and Santa Fe; and more rigorous safety inspections in California, where SP trains were involved in two chemical spills in July 1991. The Random Acts of Kindness Foundation CEO And Executives - Learn more about The Random Acts of Kindness Foundation CEO and key people by exploring the management team. Anschutz invested in both the Oil & Gas Asset Clearinghouse, an auction company designed for the oil & gas business, and NRC Broadcasting, which owns a string of radio stations in Colorado. In 1995 Anschutz purchased a 40 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company founded in 1916, for $45 million. The proposed merger elicited immediate opposition from government officials and Santa Fe's competition, and with the added impetus of pressure from Anschutz, whom Forbes called 'politically influential,' the Interstate Commerce Commission (ICC) in 1987 blocked the Santa Fe-SP merger as anticompetitive. At that time, Philip Anschutz was in college at the University of Kansas, where he earned a bachelor's degree in finance, with honors, in 1961. [51], Anschutz and his wife have contributed over $100 million to the new medical, dental, nursing, and pharmacy campus of the University of Colorado School of Medicine in Aurora, Colorado, now named the Anschutz Medical Campus in their honor. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. . Mike McGarry is the Director of Business Development at CU Innovations where he leads the business development team for the University of Colorado Anschutz Medical Campus. LightEdge is a business-to-business hosted services provider focused on Wide-Area-Networking, Voice-over-IP, Hosted Microsoft applications (Exchange, OCS, SharePoint), hosted servers/storage collocation cage and rackspace and Business Continuity Services. The Anschutz Corporation is a privately held company based in Denver, Colorado. Related by education: University of Kansas. He has aBachelor of Psychology from Texas Tech University, (303) 724 - 3720 |lindley.pagels@cuanschutz.edu, Correspondence, scheduling, and directions, (303) 724 - 3720 |angie.hegel@cuanschutz.edu. By 1995 railroad industry consolidation was reaching a crescendo, with the number of major railroads having been reduced from 40 in 1980 to ten, and with the completion of the merger of Burlington Northern and the Sante Fe. Doreen joined CU Innovations in May of 2017 as a licensing associate. Illinois. Mike holds a BS in Biomedical and Electrical Engineering from Duke University, and an MBA from the University of Chicago Booth School of Business. The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness . The Rio Grande's small size and its position as a bridge carrier (providing connections between other rail lines) led Anschutz to pursue the acquisition of the railroad giant Southern Pacific (SP) in an attempt to save the much smaller Rio Grande. innovation management, forming key strategic industry partnerships, and licensing. Prior to joining the University Aisan Corporation of America. Denver, Colorado, United States. The hiring enabled Anschutz to embark on a new and surprising strategy for a man who preferred to keep his dealings private: taking SP public. Editor in Chief Stephen Hayes had initially been cleared to find a buyer but after a venture capital firm agreed to broker any future deal, Anschutz withdrew permission and decided to effectively kill the company in order to harvest its subscribers. As consumers, we often take for granted all the hard work that goes into building a great company. He started modestly, with the 1984 purchase of the Denver & Rio Grande Railroad, commonly known as the Rio Grande, a small railroad that then consisted of more than 3,400 miles of track from Missouri to Utah. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. He expanded his investments to sports and entertainment companies, co-founding the American association football/soccer league Major League Soccer as well as multiple soccer teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars. Craig D. Slater also serves as the Executive Vice President of Anschutz Corporation and Anschutz Company since May 1999. Prior to Genentech, he held roles across start-up companies and large companies 0. Henry Dubroff of the Denver Post estimated that Anschutz had pocketed pretax profits of as much as $500 million from the stock offerings. A marathon runner, Anschutz has built his $16-billion-plus fortune through tenacity, savvy dealmaking, strategic timing, and a knack for spotting trends. from the University of Colorado Law School and a Ph.D. in Biochemistry and Molecular Biology from the University of North Texas. [15] Contact Anschutz Foundation 1729 Tremont Place Denver, CO 80202 (303) 308-8220 [12] Articles and Resources Related SourceWatch Articles Ascension Market Leaders. Raja received a B.S. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. Claire has a Bachelors degree in biochemistry from Trinity College Dublin, a PhD in neuroscience from Innsbruck Medical University, and a certificate in project management from the International Project Management Association. [2], The company's entertainment industry holdings are mostly controlled by its subsidiary Anschutz Entertainment Group (AEG), a sporting and music entertainment presenter and the world's largest owner of sports teams and sports events. Don holds a Master of Business Administration (MBA) completed in 2021, a Master of Divinity (MDiv) completed in 2015, and a Bachelor of Science in International Business and Language (BSIBL) completed in 2009 through the University of University of Central Oklahoma . The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. free lookups / month. Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. The The Anschutz Corporation management team includes Dan Eppich (Chief Information Officer (CIO)), Matt Anctil (Vice-President, Enterprise Leader), and Angela McLean (Vice President - Business Services) . Consistently ranked as the richest person in Denver, Anschutz became better known nationally in the late 1980s and early 1990s for acquiring railroad lines, including the small Rio Grande Railroad and a railroad giant, Southern Pacific Rail Corporation. * I understand and agree that registration on or use of this site constitutes agreement. In return, Spitzer dropped his civil suit. Enter employee name to find & verify emails, phones, social links, etc. The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists. Soon after Ronald Reagan became president in 1980, he deregulated the U.S. railroad industry. St. James Press, 2001. SP Telecom continued digging trenches along the tracks and laying fiber-optic cable, then leasing the lines to such telecommunications firms as AT & T and MCI. [38] He also financed and distributed films with Christian themes for mass audiences (through his two film production companies and ownership of much of the Regal, Edwards and United Artists theater chains) including Amazing Grace and The Chronicles of Narnia: The Lion, the Witch and the Wardrobe. Overall, on-time deliveries were up by more than 50 percent in his first year. When combined, they comprise the largest commercial wind generation facility proposed in the U.S. and one of the largest in the world." [39] He financed The Foundation for a Better Life. With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. Two years later, Anschutz acquired Qwest Communications Inc., a Dallas-based digital microwave company, and merged SP Telecom into it, setting up headquarters in Denver. He also began securing the rights to lay cable along the tracks of other railroads, eventually gaining agreements to lay cable along 40,000 miles of railway. Robert Krebs, the chairman of Santa Fe Industries, was forced to sell one of his lines and chose SP, which he felt was the weaker of the two. New York. Sep 16, 2011 Updated Aug 31, 2020. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Before her legal career, she was a Research Scientist in infectious disease leading teams focused on mechanisms of drug resistance and drug discovery at the Walter Reed Army Institute of Research Environmental groups, preservationists, and ten Native American tribes appealed the decision without success. Join to view profile . Sign up for a free account. First, he planned to cut costs by reducing the employee ranks through a buyout program and a reorganization. Customer inquiries are best handled by calling 800-647-7261. Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. Photo by Jamel Toppin/The Forbes Collection. With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. He also engages in new venture development of high potential university technologies and spin-outs. Over the next several years, Anschutz's fortunes waxed and waned, and it was during this period that he began to expand outside of the oil industry while continuing to own oil fields in Montana, Texas, Colorado, and Wyoming. Co-Director of SPARK, Graphic Designer & Social Media Specialist, (303) 724 - 0222 |kimberly.muller@cuanschutz.edu. The Denver Post summarized the implications for Anschutz: "Not only is Qwest founder and board member Philip Anschutz not a defendant in the long-awaited civil case against the regime of former Qwest chief executive Joe Nacchio, he doesn't even merit a mention in the 50-page complaint. In my evaluation of the best beard trimmers, the Multigroom 9000 was my top pick due to its perfect balance of quality, performance, cost and customization. 573 followers 500+ connections. Anschutz is the principal owner of the Los Angeles Kings and a minority owner of the Los Angeles Lakers. Union Pacific paid $5.4 billion for Southern Pacific, with Anschutz pocketing about $1.4 billion from the sale. [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . Operations Officer at Sintact Medical Systems. It was possible that a similar motive was behind a report in the Wall Street Journal in June 2000 that Anschutz, along with a partner, was launching a film production company. Beginning in 1987, the railroad operated a sleepy subsidiary called SP Telecommunications Company, which installed fiber-optic cable along its tracks for the use of the railroad and for telephone companies. With 20,000 miles of track thoroughly covering the West Coast and a line through the southern United States to the Mississippi River, the SP was even more attractive to Anschutz for its connections to the Rio Grande lines in Kansas City and Ogden, Utah, making for a synergistic coupling. Late in 1984, the partnership was dissolved and the holdings divided between Anschutz and Oxford, with Anschutz keeping the Anaconda Tower (where the company's offices were still located in the early 21st century), Denver's Fairmont Hotel, and a half-block of undeveloped land in Denver. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Among the real estate Anschutz purchased in the 1970s was a property on the Wyoming-Utah border, known as Anschutz Ranch East. (303) 724 - 3720 |chad.stanker@cuanschutz.edu. Get Contact Info for All Departments The Anschutz Corporation Org Chart Dan Eppich Chad manages our innovations database and conducts analysis for the department. Used by By that time he had invested about $55 million into a sleepy offshoot of Southern Pacific to develop what would eventually become Qwest Communications International Inc., the number four long-distance company in the United States as well as the owner of U S West Inc., one of the Baby Bells. While at UK, Raja planned and moderated a five-part Drug Repurposing short course webinar series, which brought together various experts from across the US and Europe as guest speakers. Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. from the University of San Diego School of Law, and completed a Post-Doc at Harvard Medical School after earning her Ph.D. in Biochemistry There were now just three major rail companies in the western United States: Southern Pacific, Union Pacific, and the newly named Burlington Northern Sante Fe, which was about the size of the other two combined. Signal Hire. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. Anschutz and Comsat (later Ascent Entertainment), then owners of the National Basketball Association's Denver Nuggets and later the owners of the National Hockey League's Colorado Avalanche, developed a proposal for a $130 million sports and entertainment center that would include a new basketball and hockey arena and film and television studios. The Anschutz Corporation has been part of the Carbon County community since the mid-1990s through its ownership of The Overland Trail Cattle Company LLC, a 320,000-acre working ranch situated south of Rawlins/Sinclair and northwest of Saratoga on a combination of private land and federal land managed by the BLM. Completion of the merger was by no means certain. She has a Masters in Human Xanterra purchased the resort from Busch Properties, Inc. (BPI). Find company research, competitor information, contact details & financial data for The Anschutz Corporation of Saratoga, WY. [47], In 2006, a lawyer for Anschutz wrote a letter to President George W. Bush's White House Counsel Harriet Miers recommending Neil Gorsuch to the newly vacant seat on the U.S. Court of Appeals for the Tenth Circuit after The Denver Post reported that Gorsuch was not actively being considered for the vacancy. For assistance, contact one of our team members below or complete this contact form. Anschutz hired Moyers as chief executive, and Moyers immediately focused on Southern Pacific's operating ratio, which stood at 96.5 percent in 1993. The Random Acts of Kindness Foundation Leadership, Brownstein Hyatt Farber Schreck Executives, The Random Acts of Kindness Foundation Executives. Michigan. All Rights Reserved. His work spans the intersection of internal venture The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. Since starting at Anschutz Medical He was also Assistant Director of Venture Capital Analytics with the Rockies Venture Club where he helped in create due diligence reports for angel investors in the RVC network. Emily has worked on the Anschutz Medical Campus for over 7 years in the Department of Emergency Medicine and the Department of Pediatrics, performing clinical operations and medical education program management. Bachelor of Psychology from Texas Tech University, Skaggs School of Pharmacy and Pharmaceutical Sciences, Children's Hospital Center for Innovation. Before the merger, he was a director of Southern Pacific from June 1988 to September 1996, and non-executive chairman of Southern Pacific from 1993 to September 1996. Similar to many other takeovers of the 1980s, Anschutz engineered a highly leveraged purchase in which Rio Grande Industries paid Santa Fe Industries just over $1 billion in cash, most of it borrowed, for SP, assuming more than $700 million in SP debt. She also supports the business development team with strategic to joining the CU Innovations team, Doreen was a licensing coordinator at the National Renewable Energy Laboratory, where she focused on the active marketing of technologies and management of NRELs diverse software portfolio. [62], His first cousin was fellow Russell native and longtime news anchor Wendall Anschutz. in pharmaceutics from Long Island University, an M.S. [26][27] MLS Commissioner Don Garber stated in 2006 that "without Phil Anschutz, there's no MLS today."[23]. that utilized recombinant microorganisms for the production of ethanol and butanol. Strategies, LLC, through which she works primarily with local small biotech companies guiding them through formation, business and regulatory strategy, and intellectual property alignment. [32] It will be sited on 229,077 acres, about half federal, about half privately owned by an affiliate, and a smattering of state lands.